defi_me

Background in TradFi. Investing in DeFi, SPACs, Options

[defi_me @defi_me]

Starting to go down the DeFi rabbit hole. Here to read, listen, and learn.

[defi_me @defi_me]

@bryan_johnson Bukit Timah Hill is a landmark and great for fresh air, trail running, and not dying

[Balaji @balajis]

THE DIGITAL IRON CURTAIN

I don’t think enough people see this for what it is. A Digital Iron Curtain is gradually descending over the West.

- It’s the FedNow quasi-CBDC
- It’s the 87000 agents
- It’s stepped up financial surveillance
- It’s attacks on every exchange
- It’s expanded civil forfeiture

All of this is against the backdrop of sovereign debt crisis, commercial real estate collapse, and a historical crash in bond prices. Basically, the US is bankrupt many times over, Western central banks themselves need bailouts, and DC is making it ever harder to exit to crypto.

So if you’re caught on the blue side when the music stops, there’s a scenario where everything you own will be seized to pay the state’s unpayable debts. Just like the countless examples of financial repression and communist wealth seizure that happened in the 20th century, which Dalio among others has tabulated.

Yeah, I know, many don’t think it can happen. Despite massive fires burning down freeways, mobs surrounding cars, open air drug dealing, soaring prices and feces, rampant looting and criminality…somehow it doesn’t register with them and they still think it’s the 1950s or something.

They’re caught in the illusion of Barbie rather than the reality of BLM. They haven’t thought through how nasty these mobs will get when the money runs out. They don’t know what the early Soviet era was like, the combination of anarchy and tyranny, of total lawlessness and lawless seizure.

For everyone else who has some inkling of what may come, they’ll need to choose which side of that Digital Iron Curtain they land up on. Red states are probably better than blue. And foreign states are probably safer than red. A good rule of thumb is to be as far away financially, physically, and socially from bankrupt Blue America as possible.

Because if 2008 was about bank bailouts, soon we’re going to see central bank bailouts. Reverse bailouts, where your currency is debased to bail out the government. QE wasn’t free.
https://t.co/6l2tWwi5sa

[BitMEX @BitMEX]

Introducing the SRMUSDT Perpetual Swap - available to trade right now. More info here: https://t.co/zfq3QppmdB

[Cream Finance 🍦 @CreamdotFinance]

Crypto Rules Everything Around Me, C.R.E.A.M.
Get the crypto, with Cream Finance y’all!

@methodman @VitalikButerin @machibigbrother #Ethereum
https://t.co/5Dmrr2NAzf

[defi_me @defi_me]

Biden, Trump, or contested. Bullish on BTC

[defi_me @defi_me]

Who will have more success - legacy auto pivoting to EVs or legacy financial institutions pivoting to digital assets?

[Frank Chaparro @fintechfrank]

SCOOP: JPMorgan is actively exploring digital asset custody, and is looking for help from crypto native firms https://t.co/ctkYNkCFTp

[defi_me @defi_me]

Agreed. Working/talking in public (Twitter) can also illuminate *sometimes massive* blind spots. The ego needs to get past "looking dumb" though

[Arjun Balaji @arjunblj]

I always encourage talking about what you're working on or exploring in public.

Common concerns are fear of looking dumb or others picking up on proprietary insight.

In my experience, new ideas are rarely copied and transparency is a magnet for feedback and collaborators.

[defi_me @defi_me]

@teo_leibowitz Probably inaccurate. BTC MC / Gold MC > ETH MC / "Global Financial Infrastructure MC" . So if current prices are indicative of those probabilities then this is not true

[defi_me @defi_me]

@voteWithTally @bprotocoleth @dydxprotocol @AaveAave @MakerDAO Flash loans break many assumptions around how crypto *works*

[defi_me @defi_me]

@cyounessi1 The point that was made though is the BTC doesn't need to be technology, it just needs to be a better store of value, which it is. At least, better than gold

[defi_me @defi_me]

@ChrisBlec Your tweets last week saved me from this mess. Thanks

[defi_me @defi_me]

@100trillionUSD Miners?

[defi_me @defi_me]

@claberus @bneiluj How about a step by step guide for us plebs? Curve UI is confusing @CurveFinance

[Stabilize Protocol @StabilizePro]

If you have issues connecting to the main website, you can use our mirror website: https://t.co/9kNzc6SbVO

The Stabilize Protocol is unstoppable.

[Pickle Finance (🔄,🥒) @picklefinance]

We have encountered a bug in our PickleJar controller which results in an incorrect withdrawal amount. We want to re-assure everyone that their funds are safe. However, to avoid issues with withdrawing while we implement a fix, we have temporarily disabled the withdraw button.

[defi_me @defi_me]

Bug in $PICKLE @picklefinance . Withdrawing not recommended at this time - team appears to be implementing a fix. Controller was changed today

[monetsupply.eth @MonetSupply]

the $UNI drop is different from previous launches

there is so much liquid supply in the hands of retail rn, all of the sell pressure is front loaded

compare to prior launches with 0 liquidity at launch and a slow bleed from liquidity mining

[defi_me @defi_me]

Hey @dHedgeOrg it's 0x8CF3fa9773E05B10C7472F53342043376DFC518b, signaling request to join the trading competition with a chance to win $DHT and $SNX

https://t.co/VTyvWkRlzO

#DeFi

[defi_me @defi_me]

@YamFinance Will the Uniswap pool tokens for YAM/yCRV need to be staked, or will owners of the pool tokens receive the YAM distribution as well as rebase?

[defi_me @defi_me]

@lmrankhan Very cool. Any suggestions for anyone that's looking to enter the space but doesn't have a formal startup/company to be a part of yet? Anyone that's looking for cofounders anyone else to work with? And is the accelerator remote or Chicago-area?